Retina Paints IPO Date: The Retina Paints IPO date has been set. The IPO will start on April 19 and end on April 24, 2023. Retina Paints is a BSE SME IPO that will raise ₹11.10 crores through the IPO. The price band for Retina Paints IPO is set at ₹30 with an available lot of 4000 shares.
Retina Paints Limited produces Decorative Paints. They make emulsions, distempers, primers, and other products. Their products are used by businesses, industrial plants, communities, and individuals. They sell their goods through wholesalers.
Residential and commercial structures use Retina Paints water-based paints. Customers with colour vision shades can choose from a variety of colours. They also provide their own colour dispensers to merchants. To target end customers, the company uses a B2B strategy, with dealers and distributors.
Retina Paints IPO GMP Live Rates day by day with Kostak rates
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| Today | ₹4 | ₹- | ₹- |
| 28 April | ₹4 | ₹- | ₹- |
Retina Paints IPO Date & Price Band Details
| IPO Open: | April 19, 2023 |
| IPO Close: | April 24, 2023 |
| IPO Size: | Approx ₹11.10 Crores, 3,700,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹30 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Retina Paints IPO Market Lot
The minimum market lot for the Retina Paints IPO is 4000 shares with a ₹120,000 application cost.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 4000 | ₹120,000 |
| Retail Maximum | 1 | 4000 | ₹120,000 |
| S-HNI Minimum | 2 | 8000 | ₹240,000 |
Retina Paints IPO Dates
The Retina Paints IPO is scheduled to open on April 19 and close on April 24. The IPO may list on May 3 and the IPO allotment deadline is April 27.
| IPO Open Date: | April 19, 2023 |
| IPO Close Date: | April 24, 2023 |
| Basis of Allotment: | April 27, 2023 |
| Refunds: | April 28, 2023 |
| Credit to Demat Account: | May 2, 2023 |
| IPO Listing Date: | May 3, 2023 |
Retina Paints IPO Form
How to apply Retina Paints IPO? You can apply Retina Paints IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Retina Paints IPO in the Invest section. The other option you can apply Retina Paints IPO via IPO forms download via the BSE website.
Retina Paints Company Financial Report
| ₹ in Crores | ₹ in Crores | ₹ in Crores | ||
|---|---|---|---|---|
| Year | Revenue | Expense | PAT | |
| 2020 | ₹6.81 | ₹6.71 | ₹0.05 | |
| 2021 | ₹6.86 | ₹6.77 | ₹0.05 | |
| 2022 | ₹6.47 | ₹6.27 | ₹0.11 | |
| 2023 8M | ₹5.34 | ₹4.75 | ₹0.40 |
Retina Paints IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹0.72 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 5.16% |
| Net Asset Value (NAV): | ₹14.01 per Equity Share |
Peer Group
- Asian Paints Limited
- Indigo Paints Limited
Company Promoters
- Mr. Rakesh Dommati
- Ms. Rajitha Koyyada
Retina Paints IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Pvt Ltd
Retina Paints Contact Info
Retina Paints Limited
Block No 2, Floors 2 & 3, Survey No. 184 & 185,
Opp Ganesh Kaman, Phase V, IDA, Cherlapally,
Hyderabad – 500051, Rangareddi
Phone: 7330641515
Email: info@retinapaints.com
Website: http://www.retinapaints.com
Retina Paints IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Retina Paints IPO FAQs
Q1. What is Retina Paints IPO?
Ans. Retina Paints IPO is a BSE SME IPO. Through IPO, they have planned to raise ₹11.10 crores. The price of the offering is ₹30 per equity share. On the BSE, the IPO will be listed.
Q2. When Retina Paints IPO will open?
Ans. The IPO will be available to NII and retail investors starting on April 19, 2023.
Q3. What is Retina Paints IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Retina Paints IPO?
Ans. Applying for Retina Paints IPO through ASBA online using your bank account is possible. You can also contact your stock brokers to submit an online ASBA application via UPI. You can apply by filling the offline form and submitting it through your stock brokers.
Q5. What is Retina Paints IPO Size?
Ans. The size of Retina Paints IPO is ₹11.10 crores.
Q6. What is Retina Paints IPO Price Band?
Ans. Retina Paints IPO Price Band is ₹30 per equity share.
Q6. What is Retina Paints IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 4000 shares with ₹120,000.
Q7. What is Retina Paints IPO Allotment Date?
Ans. Retina Paints IPO allotment date is April 27, 2023.
Q8. What is Retina Paints IPO Listing Date?
Ans. The IPO set to trade on the BSE SME. The IPO listing date for Retina Paints is May 3, 2023.
